Call reports 2010
GEORGIA COMMERCE BANK — 2010
What GEORGIA COMMERCE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 337,593,000 | 336,986,000 | 394,948,000 | 395,360,000 |
| Total loans | 285,021,000 | 282,292,000 | 291,060,000 | 291,894,000 |
| Allowance for loan losses | 4,431,000 | 4,364,000 | 4,865,000 | 5,329,000 |
| Securities available for sale | 20,163,000 | 19,659,000 | 18,546,000 | 17,321,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 223,714,000 | 277,237,000 | 337,572,000 | 332,154,000 |
| Interest-bearing deposits | 177,665,000 | 236,212,000 | 280,211,000 | 266,738,000 |
| Noninterest-bearing deposits | 46,049,000 | 41,025,000 | 57,361,000 | 65,416,000 |
| Equity capital | 38,031,000 | 38,854,000 | 39,572,000 | 44,837,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 4,067,000 | 8,227,000 | 12,594,000 | 16,964,000 |
| Interest expense | 780,000 | 1,688,000 | 2,634,000 | 3,627,000 |
| Net interest income | 3,287,000 | 6,539,000 | 9,960,000 | 13,337,000 |
| Noninterest income | 113,000 | 245,000 | 522,000 | 813,000 |
| Noninterest expense | 1,910,000 | 3,763,000 | 5,878,000 | 8,023,000 |
| Provision for loan losses | 750,000 | 1,350,000 | 1,850,000 | 2,725,000 |
| Pretax income | 740,000 | 1,671,000 | 2,754,000 | 3,402,000 |
| Income tax | 277,000 | 632,000 | 1,045,000 | 1,300,000 |
| Net income | 463,000 | 1,039,000 | 1,709,000 | 2,102,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,977,000 | 38,587,000 | 39,288,000 | 44,715,000 |
| Total capital | 41,703,000 | 42,302,000 | 43,161,000 | 48,612,000 |
| Risk-weighted assets | 297,356,000 | 296,532,000 | 308,238,000 | 309,742,000 |